03968 CM BANK
- 34.200
- +0.450+1.33%
CM BANK News
Research Reports | Changjiang Securities: Maintains 'Buy' Rating on CM Bank, Internal Growth Crosses the Dividend Era
Changjiang research reports pointed out that endogenous growth is the most significant core competitive advantage for Cm bank (600036.SH) among its peers, with ROA long-term ranking first among listed banks. The advantage of high interest rate differential comes from the ultra-low cost liability structure, with the proportion of current deposits leading its peers, accounting for 55% by the end of 2023. It is believed that Cm bank is an excellent dividend-paying bank stock. With a high ROE, low capital consumption, and medium-to-low-speed asset expansion model, it has formed strong dividend capacity and potential. Among the large banks, it has the strongest capital adequacy ratio, the highest dividend payout ratio, the strongest profitability, and stable growth, with a clear long-term advantage. Currently listed in A-shares.
Xiandai Investment Issues 1 Billion Yuan Bond
Chinese construction and investment services provider Xiandai Investment (SHE:000900) issued ultra-short-term bonds amounting to 1 billion yuan, the company said in its Tuesday disclosure on the Shenz
JPMorgan Boosts Stake in Hong Kong-Listed Firms By HK$3.3 Billion
JPMorgan purchased HK$3.3 billion of shares in Hong Kong-listed Chinese companies in just one day, Yicai Global reported Thursday. The US bank increased its stake in China Merchants Bank (HKG:3968, SH
Guosen Securities (Hong Kong): it is expected that the probability of LPR decline in 2024 is low, and individual stock recommendations include CM Bank and so on.
Guosen Securities (Hong Kong) released a research report stating that the valuation of the banking sector is still at a low level. Quantitative analysis shows that the downward pressure of net interest margin in the second half of the year has decreased, and the subsequent performance growth is expected to be stable, with little downside valuation risk. If the macroeconomic continues to recover, the valuation is expected to be restored, and the industry maintains an 'outperform' rating. In terms of individual stocks, it is recommended to lay out banks with excellent long-term prospects at low valuations, including CM Bank (03968) and Bank of Ningbo (002142.SZ); recommend small rural commercial banks with distinctive features and focusing on small and micro clients, such as Jiangsu Changshu Rural Commercial Bank; recommended attention should be given to stocks with high dividend yields.
Guosen Securities (Hong Kong): Expects a low probability of LPR decline in 2024, recommends individual stocks such as CM Bank (03968).
Zhixun Finance App learned that Guosen Securities (Hong Kong) released a research report stating that the valuation of the banking sector is still low. Quantitative analysis shows that the downward pressure on net interest margin will decrease in the second half of the year, and the subsequent performance growth is expected to be stable, with little downside valuation risk. If the macroeconomy continues to improve, valuations are expected to recover, and the industry maintains an "outperform the market" rating. In terms of individual stocks, first, it is recommended to lay out banks with excellent long-term prospects at low valuations, including CM Bank (03968) and Bank of Ningbo (002142.SZ); second, it is recommended to focus on small and medium-sized micro customers and distinctive small rural commercial banks, such as Jiangsu Changshu Rural Commercial Bank; third,
CM Bank (03968.HK) has received a shareholding of 40,003,800 shares from JPMorgan.
According to the latest equity disclosure from the Stock Exchange of Hong Kong on June 6th, JPMorgan Chase & Co. increased its shareholding in CM Bank (03968.HK) by acquiring 40,003,800 shares at an average price of HKD 35.351 per share on May 30th, 2024, involving about HKD 1.414 billion. After the increase, JPMorgan Chase & Co.'s latest holding position is 302,742,130 shares, and the holding position ratio has increased from 5.72% to 6.59%.
Express News | JPMorgan Chase & Co's Long Position in H-Shares of China Merchants Bank Increases to 6.59% on May 30 From 5.72% - HKEX
Guosen Securities: Valuations of bank sectors are still at low levels, with potential for valuation recovery.
Quantitative analysis of net interest margin influencing factors in 2024.
CM BANK To Go Ex-Dividend On July 3rd, 2024 With 2.17243 HKD Dividend Per Share
June 1st - $CM BANK(03968.HK)$ is trading ex-dividend on July 3rd, 2024. Shareholders of record on July 4th, 2024 will receive 2.17243 HKD dividend per share on August 30th, 2024. The ex-dividend
China Merchants Bank (03968) plans to pay a final dividend of $1.972 per share
According to the Zhitong Finance App, China Merchants Bank (03968) announced that the company will pay a final dividend of 1.972 yuan per share for the year ended December 31, 2023.
Changjiang Securities: Real estate policy accelerates bank stock valuation repair
Real estate policies accelerate the systematic valuation of bank stocks and repair the current round of real estate policy levels have exceeded expectations, and the market will continue to observe and price the new real estate policy. If the real estate market stabilizes, it will support the systematic restoration of bank stock valuations.
China Merchants Bank (03968): Zhu Jiangtao resigns as chief risk officer
China Merchants Bank (03968) issued an announcement. The company's board of directors reviewed and approved “On the Resignation of China Merchants Bank's Chief Risk Officer...
Nanjing Pharmaceutical Issues 500 Million Yuan Ultra-Short-Term Bonds
Nanjing Pharmaceutical (SHA:600713) issued ultra-short-term bonds amounting to 500 million yuan, according to the disclosure on the Shanghai Stock Exchange. The bonds have an issuance rate of 1.94% an
China Merchants Bank (03968) intends to appoint Ernst & Young Huaming and EY Hong Kong
China Merchants Bank (03968) issued an announcement. On May 27, 2024, the 13th time of the 12th board of directors of the company...
China Merchants Bank (03968): Li Jinming nominated as shareholder supervisor candidate
China Merchants Bank (03968) issued an announcement. Li Jinming was nominated as a candidate for shareholder supervision of the 12th board of supervisors of the company.
Changjiang Securities: Expectations to improve asset quality drive bank stock valuation repair
The Zhitong Finance App learned that Changjiang Securities released a research report saying that PB valuations of bank stocks have been completely “broken” since the second half of 2023. Among them, urban investment and real estate risks are the core influencing factors. As CITIC Chemical Bonds mitigate liquidity risks, the real estate policy will be further relaxed, which will strengthen the logic of improving asset quality, open up valuation limits, and be optimistic that the valuation of high-quality bank stocks will return above 1.0xPB. At the individual stock level, we focus on recommending China Merchants Bank (600036.SH), which has both high dividends and real estate attributes, Changshu Bank (601128.SH), a high-performing stock driven by recovery expectations, and in-depth adjustments from 2023
Chutian Smart Communication Issues 750 Million Yuan Ultra-Short-Term Bonds
Hubei Chutian Smart Communication (SHA:600035) issued ultra-short-term bonds worth 750 million yuan, the company's second tranche of such bonds for the year, according to the company's filing on the S
Minsheng Securities: Bank AH Shares High Premium Nuggets H Shares High Dividends
Bank AH share premiums are still at historically high levels. On the one hand, tax policy expectations are improving, and premiums are expected to subside with financial support. On the other hand, the discount on H shares also brings dividend advantages. At the same time, it is also necessary to consider the relative disadvantages of liquidity and settlement efficiency in the H share market.
CMB quietly rebounded 30%
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Xiaomo: Maintaining China Merchants Bank's (03968) “Accumulation” rating and raising the target price to HK$44
Komo predicts that China Merchants Bank (03968)'s earnings per share will increase 2% year over year in 2024.
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